Penn Medicine Lancaster General Health Looking for Financial Analyst (40 hours/week) at Lancaster, PA Full Time

POSITION SUMMARY: The Financial Analyst supports the team to provide a broad range of financial support services to administrative and executive leadership of Lancaster General Health. Assists in preparation of Hospital financial budget, monthly analysis of variances to budget, labor performance and departmental financial reporting.

HOURS: 40 hours/week with flexible hours between 7:00am-5:00pm

ESSENTIAL FUNCTIONS: Qualified individuals must have the ability (with or without reasonable accommodation) to perform the following duties:

• Generates monthly reporting packages distributed to managers, directors, and executives. Analyze and monitor variance explanations.
• Provides support and education to departments in understanding budget vs. actual variances.
• Independently perform department and patient level analysis including variance analysis comparing budget/prior year to actual results and benchmarks.
• Collects data, identifies good and bad data and develops an action plan to cleanse data as needed. Structures an approach to data analysis and a solution hypothesis.
• Recognizes the need to make assumptions; documents and presents assumptions to the team along with findings.
• Able to use appropriate tools, internal and external databases to support analyses and benchmarking.
• Assists in preparation of the financial budget as it relates to operating expense and revenue budgets.Works with departments Hospital-wide to obtain budget data. Communicates to Management regarding issues that may impact the budget.
• Completes special projects as requested by leadership.
• Manages and documents cost center responsibility and applicable reporting. Works with Information Services to maintain access.

SECONDARY FUNCTIONS: The following duties are considered secondary to the primary duties listed above:

• Maintain process for sharing benchmarking results and dashboards.
• Seeks individual development opportunities and contributes to team development.
• Other duties as assigned.

Job Requirements

MINIMUM REQUIRED QUALIFICATIONS:

• Bachelor’s degree in business or accounting.
• Strong analytical skills.
• Strong communication skills, ability to question freely, and work with all levels of management and clinicians.

Preferred Qualifications

• Two (2) years budgeting experience and variance analysis.
• One (1) year of general accounting, budgeting or financial analysis experience.

Disclaimer: This job description is not intended and should not be construed to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with the job. It is intended to be a reflection of those principal job elements essential for recruitment and selection, for making fair job evaluations, and for establishing performance standards. The percentages of time spent performing job duties are estimates, and should not be considered absolute. The incumbent shall perform all other functions and/or be cross-trained as shall be determined at the sole discretion of management, who has the right to amend, modify, or terminate this job in part or in whole. Incumbent must be able to perform all job functions safely.

Benefits At A Glance

PENN MEDICINE LANCASTER GENERAL HEALTH offers the following benefits to employees:

• 100% Tuition Assistance at The Pennsylvania College of Health Sciences
• Paid Time Off and Paid Holidays
• Shift, Weekend and On-Call Differentials
• Health, Dental and Vision Coverage
• Short-Term and Long-Term Disability
• Retirement Savings Account with Company Matching
• Child Care Subsidies
• Onsite Gym and Fitness Classes

Disclaimer

PENN MEDICINE LANCASTER GENERAL HEALTH is an Equal Opportunity Employer, committed to hiring a diverse workforce. All openings will be filled based on qualifications without regard to race, color, sex, sexual orientation, gender identity, national origin, marital status, veteran status, disability, age, religion or any other classification protected by law.

Search Firm Representatives please read carefully: PENN MEDICINE LANCASTER GENERAL HEALTH is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, all resumes submitted by search firms to any employee at PENN MEDICINE LANCASTER GENERAL HEALTH via-email, the Internet or directly to hiring managers at Penn Medicine Lancaster General Health in any form without a valid written search agreement in place for that position will be deemed the sole property of PENN MEDICINE LANCASTER GENERAL HEALTH , and no fee will be paid in the event the candidate is hired by PENN MEDICINE LANCASTER GENERAL HEALTH as a result of the referral or through other means.

COMMERCIAL Full Time Posted on 04/08/2024

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